Tag Archives: Real estate investment trust

A Chicago-based health care real estate investment trust has closed on the $3.1 billion acquisition of 118 senior living facilities from Atria, which will continue to manage the sites. Ventas late last week acquired the assets of the firm, which ...

BRT Realty Trust, a Great Neck-based real estate investment trust, reported a loss of $508,000 for the quarter ending Dec. 31, 2010. The loss is an improvement over the REIT‘s performance during the year-ago period, a loss of $2.9 million. ...

A Great Neck-based real estate investment trust is selling shares of its stock in an underwritten public offering, it announced Monday. One Liberty Properties, which owns industrial, retail and office properties across the country, is offering 2.7 million shares of ...

Cedar Shopping Centers Inc.’s stable strip centers and the real estate investment trust’s potential as a takeout target make the company a good bet, said an analyst on Tuesday. FBR Capital Markets analyst Sri Nagarajan initiated coverage on the strip ...

Port Washington-based Cedar Shopping Centers Inc. said Monday that it closed on about $65.2 million in mortgages on six shopping centers it bought in October. The six loans are 10-year fixed-rate first mortgages for properties located in Maryland, Virginia, Pennsylvania ...

La Bonne Vie Organization has sold the Crescent Club, its 257-unit gated apartment community in Coram to Home Properties for $31.3 million. The Crescent Club offers one- and two-bedroom rentals with rents ranging from $1,125 to $1,455, according to the ...

Port Washington’s Cedar Shopping Centers Inc. said Tuesday it reduced the total commitment under its secured revolving credit facility to $185 million from $285 million. The reduction will eliminate certain fees for a potential savings of $500,000 a year. The ...

New Hyde Park-based shopping center owner Kimco Realty Corp. said Thursday it priced its public offering of $300 million medium-term notes due 2018 at a coupon of 4.3 percent a year. The notes will mature Feb. 1, 2018. The company ...

Port Washington’s Cedar Shopping Centers Inc. said Tuesday it priced a public offering of an additional 2.85 million shares of its 8.875 percent preferred shares at $24.50 each in a move to raise about $70 million. The shopping center owner ...

Shopping center owner Kimco Realty Corp. on Thursday revised its second-quarter results but still showed a reversal of its loss a year earlier. Funds from operations, or FFO, totaled $105.6 million, or 26 cents a share, in the three months ...